One of the challenges facing bitcoin’s adopters around the globe is storage. How exactly are you supposed to keep your bitcoins secure if you plan on keeping a significant amount in one wallet? Well, the answer for most will be a paper wallet. Due to the ingenuity of the cryptographic principles bitcoin was built upon, […]
What is Bitcoin? BTC, short for Bitcoin, is a decentralized virtual currency that was invented by Satoshi Nakamoto. The anonymous inventor or group published a white paper in 2008 as a proof of concept, then released it as open-source prototype software in 2009. Bitcoin uses peer-to-peer technology to operate without a central authority or banking […]
How to store your bitcoins? This article is going to discuss the many ways of storing your bitcoin. There are many ways of bitcoin storage and many different types of wallet software. Storing bitcoins does not involve storage of actual bitcoins per se, but involves the safe storage of the private key to the wallet […]
Bitcoin and other cryptocurrency is a new technological innovation that has not yet been fully implemented into the legal framework of many countries across the globe. There are many legal aspects of Bitcoin and cryptocurrency in general to consider. The laws that apply to Bitcoin typically apply to other cryptocurrency, the umbrella term Virtual Currency […]
he rapper Akon has received approval to build a city in Senegal powered by cryptocurrency.
Akon is probably best known to most as a singer and rapper of countless hits. But the artist is much more than a radio catchy tune. In recent years, he has dedicated himself to using his financial success to improve the African continent. Akon recently signed a groundbreaking deal to found its own city in its home country of Senegal.
There are ways to profit from bitcoin mining. Ways to earn from bitcoin mining typically involve an upfront investment of mining hardware. Raw mining earnings are calculated by the mining power of your bitcoin mining hardware, measured in hashes per second, and the current difficulty and block reward of the bitcoin network. Most modern hardware […]
